We suggest to use CMC Metals fundamental analysis to find out if markets are right now mispricing the company. Strictly speaking you can use it to find out if CMC Metals is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate twenty-six available financial indicators for CMC Metals, which can be compared to its peers in the sector. The stock experiences a very speculative upward sentiment. Check odds of CMC Metals to be traded at C$0.019 in 90 days. Key indicators impacting CMC Metals' financial strength include:
Understanding current and past CMC Metals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CMC Metals' financial statements are interrelated, with each one affecting the others. For example, an increase in CMC Metals' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in CMC Metals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CMC Metals. Check CMC Metals' Beneish M Score to see the likelihood of CMC Metals' management manipulating its earnings.
CMC Metals Stock Summary
CMC Metals competes with Outcrop Gold, Strikepoint Gold, Defiance Silver, Eskay Mining, and Stillwater Critical. CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and the United States. CMC Metals Ltd. was incorporated in 1996 and is headquartered in Vancouver, Canada. CMC METALS operates under Silver classification in Canada and is traded on TSX Venture Exchange.
You should never invest in CMC Metals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of CMC Stock, because this is throwing your money away. Analyzing the key information contained in CMC Metals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
CMC Metals Key Financial Ratios
There are many critical financial ratios that CMC Metals' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that CMC Metals reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining CMC Metals's current stock value. Our valuation model uses many indicators to compare CMC Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CMC Metals competition to find correlations between indicators driving CMC Metals's intrinsic value. More Info.
CMC Metals is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, CMC Metals' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the CMC Metals' earnings, one of the primary drivers of an investment's value.
CMC Metals Systematic Risk
CMC Metals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CMC Metals volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on CMC Metals correlated with the market. If Beta is less than 0 CMC Metals generally moves in the opposite direction as compared to the market. If CMC Metals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CMC Metals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CMC Metals is generally in the same direction as the market. If Beta > 1 CMC Metals moves generally in the same direction as, but more than the movement of the benchmark.
CMC Metals Total Assets Over Time
CMC Metals Thematic Clasifications
CMC Metals is part of Aluminum investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Aluminum production. Companies involved in production of aluminum
This theme covers Aluminum production. Companies involved in production of aluminum. Get More Thematic Ideas
Today, most investors in CMC Metals Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CMC Metals' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of CMC Metals growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of CMC Metals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CMC Metals. We use our internally-developed statistical techniques to arrive at the intrinsic value of CMC Metals based on widely used predictive technical indicators. In general, we focus on analyzing CMC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CMC Metals's daily price indicators and compare them against related drivers.
When running CMC Metals' price analysis, check to measure CMC Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CMC Metals is operating at the current time. Most of CMC Metals' value examination focuses on studying past and present price action to predict the probability of CMC Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CMC Metals' price. Additionally, you may evaluate how the addition of CMC Metals to your portfolios can decrease your overall portfolio volatility.